Southcross Energy Partners, L.P. ( SXE ) was a big mover last session, as its shares rose over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend trend for the company, as the stock is now up nearly 31% in the past one-month timeframe.
In the last 30 days, the company witnessed three negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.
Southcross Energy Partners currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other better-ranked stocks in the oil production and pipeline industry include Holly Energy Partners L.P ( HEP ), Pembina Pipeline Corporation ( PBA ) and EQT Midstream Partners, LP ( EQM ). All three carry a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
SOUTHCROSS EGY (SXE): Free Stock Analysis Report
PEMBINA PIPELN (PBA): Free Stock Analysis Report
HOLLY EGY PTNRS (HEP): Free Stock Analysis Report
EQT MIDSTRM PTR (EQM): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research